A 10day payoff refers to the time it takes for your new lender to pay off your old loans during a refinance. It's the payoff amount 10 days in the future.A 10-day payoff statement is a document from your lender that gives us the payoff amount to purchase your vehicle, including 10 days worth of interest. Add or Remove a Lien on a Vehicle. To add or remove a lien on your vehicle title, visit your local county tax office. Your 10day payoff letter is crucial to ensuring that your new lender sends the correct amount of money so there is no outstanding loan balance left over. How do I pay off my auto loan? When your loan is paid off, your lender will send the lien release to the DMV. Please contact Customer Support at 877-672-2265 to request the payoff amount for a personal loan and auto loan. To sell to Carvana, they require a 10 day loan payoff.